International – Healthcare Economist

Cross-country comparison in health care price growth: 2000-2020

2024-03-262024-03-26Jason Shafrin

How did health care prices change over the past 2 decades. That is the question a paper by Papanicolas (2024) aims to answer, comparing US prices to those from Australia, Canada, France, and the Netherlands between 2000 and 2020. Before we get to the results, we first need to determine what types of price indices…

How do different countries negotiate drug prices?

2023-12-05Jason Shafrin

This question is particularly relevant with the passage of the Inflation Reduction Act (IRA) and the requirement that CMS negotiate a ‘maximum fair price’ for drugs with the biggest impact on Medicare’s bottom line. A Health Affairs Forefront paper by Lin et al. (2023) compares how drug price negotiation differs between Canada, France, Germany and…